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Stock impact report

U.S. product recalls on track to reach six-year high in 2024 [Yahoo! Finance]

The Carlyle Group Inc. (CG) 
Last the carlyle group inc. earnings: 4/30 06:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.carlyle.com
Company Research Source: Yahoo! Finance
Recall Index report , year-to-date (YTD) in 2024 there have been 2,454 product recalls across five key industries. This is closely aligned with the 2,459 recalls recorded through the first three quarters of 2023—a year that ultimately set a five-year annual high for total recalls. Should the pace of recalls continue in the fourth quarter of 2024, we will reach a six-year high by year-end. Year-to-date, defective units rose to 580.4 million, up from 528.7 million in the same period in 2023. The 9.8% year-over-year increase was primarily driven by growth in three industries: medical device, which rose 134.5%; U.S. Department of Agriculture (USDA) food, up 112.7%; and consumer product, which experienced a 38.5% uplift. In addition to providing YTD analysis of U.S. recall data, the Index report also provides a look at quarter-over-quarter shifts. In Q3, both recalls and defective units fell from the previous quarter, but that trend typically reverses during Q4 due to year-end consumer b Show less Read more
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